Alticor
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| Alticor, Inc. | |
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| Type | Private |
|---|---|
| Founded | 2000[1] |
| Headquarters | Ada, Michigan |
| Key people | President Doug DeVos, Chairman Steve Van Andel[2] |
| Industry | Consumer Products, Multi Level Marketing |
| Products | Cleaning, Health and Beauty, Wellness, MLM services |
| Revenue | FY 2005 worldwide sales 6.4 billion USD.[3] |
| Employees | 13,000[4] |
| Website | alticor.com |
Alticor is a privately held corporation, owned by members of the DeVos and Van Andel families. It was established in 1999 to serve as the parent company for a handful of business ventures, most notably the multi-level marketing companies Amway and Quixtar and a manufacturing and distribution company Access Business Group.
The families of DeVos and Van Andel now run the company.
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[edit] Amway Hotel Corporation
Alticor subsidiary Amway Hotel Corporation owns the Amway Grand Plaza Hotel in downtown Grand Rapids, Michigan, which opened in 1913 as the Pantlind Hotel. It was purchased, refurbished, expanded, and renamed in 1981. The company owns and operates the Courtyard by Marriott in Plaza Towers. A third hotel is under construction in Grand Rapids which will be operated under the name JW Marriott Hotels. It is scheduled to open in 2007.
The hotels are the only Alticor businesses not directly involved in multi-level marketing.
[edit] Brands
- Artistry
- Atmosphere
- Body Series
- clear.now
- Dish Drops
- eSpring
- Glister
- iCook
- L.O.C.
- Magna Bloc
- NAO
- Nutrilite
- Pursue
- SA8
- Satinique
- Hymm
- Tolsom
- Trim Advantage
- XS Power Nutrition
These brands are available only through Quixtar and Amway distributors.
[edit] References
- ^ from company [1] accessed October 09, 2006
- ^ from company people subpage accessed October 09, 2006
- ^ from company financial subpage accessed October 09, 2006
- ^ from company fact sheet accessed October 09, 2006
